Transaction Network Services (TNS) is helping merchant acquirers and processors secure their payments infrastructure in the growing Indian market with the launch of TNS’ Domestic Wireless Access (DWA) SIM solution.
TNS’ technology, which already supports more than one million SIMs across the Americas, Europe and the Asia Pacific regions can be used with any wireless point-of-sale (POS) terminal in India. In November, TNS launched its Secure Internet Gateway (SIG) solution in the country.
Mayank Mishra, Country Manager for India, TNS, said, “We believe our Domestic Wireless Solution to be the first of its kind to be offered to the Indian market. What sets us apart is that our technology has been specifically built for payments terminals. This is critical for merchant acquirers and processors looking to guard their terminals against unauthorized use.”
TNS supports POS terminals
TNS has extensive experience in India, having provided services in the country since 2006. It has grown to support more than 15,000 POS terminals through a range of value-added payments services.
“India’s 1.4 billion strong population currently makes more than 500 million electronic payment transactions each month, and this figure is rapidly growing. Through our in-depth local market knowledge, we estimate that up to 40,000 POS locations are going live each month. TNS is stepping up as the trusted local choice for acquirers and processors to support the country as millions of previously unbanked consumers join the financial system,” Mishra added.
TNS has a strong payments heritage, providing managed services across Europe, the Americas and the Asia Pacific regions. TNS is a Level 1 PCI DSS certified service provider and a global board member of the ATM Industry Association (ATMIA). TNS’ secure network is supported 24x7x365 by multiple networks operating centers around the world.
What is the Domestic Wireless Access SIM solution?
DWA is a PCI DSS compliant version of TNS’ proven and trusted Global Wireless Access (GWA) solution, which has been tailored for India. It includes a range of industry-leading features, such as strongest data quality SIMs, enhanced SIM management, an advanced SIM management portal and a dedicated terminal application. It provides comprehensive coverage in India to help simplify the deployment and management of mobile POS terminals while eliminating black spots.
Mishra stated, “We are excited to be offering DWA in India as a purpose-built, managed, communications solution tailored for securing electronic payments. It expands our range of services and helps address the specific payments needs present in our country.”